How safe is it to put everything in one cryptocurrency?

[kagawawa]

There will be no absolute security in the crypto market. We can only limit and control the possibility of bad. Only the moment of deciding to sell and buy the major coins depend on our experience.

[Bavaria]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

Well, recent Ethereum drastic decline showed how dangerous it is.
Don't put all your eggs in one basket.

[therhslv]

Actually if you take Top 3 Coins/Tokens and Lets say you invest all in Bitcoin or Ethereum then you probably more safe that you will invest in other tokens . I would not do that , better split them up , just in case one dies and other lives Never put all eggs in 1 basket , remeber that

[keepandhold]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

Of course, the safer invest in 2 promising and stable coins from the top-20 than in a lot of risky altcoins.

[EmmanCryp]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

I have tried the option of spreading my money into many strong cryptos as people say it's the better way but it has not really worked well for me. My capital is at loss and stuck in many coins. I would prefer choosing only 2 to 3 cryptos from now.

[Nasonn]

It all depends on how much you can afford to invest. Investing a very small amount spread in many coins will only amount to huge transaction fees so it's better to invest according to the size of your Investment.

[ataki]

During the bearish market it is good to have all your funds in BTC. You can spread it into several altcoins but your funds
will not be safe if the whole market is declining and crashes.

[the1arty]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

It is not safe and was never a good idea, diversification is a key to success in the financial world. I would pick from 10 till 20 tokens, depends on you though, would you be able to track that many or not.

[ui_zakharchenko]

It's not safe at all. I tell you. Think for yourself, the chances that one coin will die are much greater than that your entire portfolio of 100 coins will die out.

[elliuut]

Personally, I feel that you should never put all your eggs into one basket. Neither should you thin them out so finely. Find a couple of currencies, maybe 5???, that you feel has potential and leave them there

[ilya_safronov]

For me it does not matter how much crypto you invested even one there is nothing threat, a very common practice. The question is always the same, do not invest the money that I'm afraid to lose. Choose a cryptocurrency very carefully and then profit will rise.

[Reatim]

For me it does not matter how much crypto you invested even one there is nothing threat, a very common practice. The question is always the same, do not invest the money that I'm afraid to lose. Choose a cryptocurrency very carefully and then profit will rise.

Exactly, the old adage, "invest what you can afford to lose" is very applicable. But if I wanted to choose just one coin, then its better to put it in Bitcoin. Higher returns plus there's still enjoy the support of this community and its growing every year.

Alts is good but majority of them are simply there to be a pump-and-dump scheme so just be careful of your investments in the alt market.

[olsyd]

Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

Investments diversification is the best approach for any investing market if you want to secure your investments then diversify if you want to risk all the money and hit the jackpot then put your money in one coin. This is a simple principle and if you don't understand it you shouldn't make any investment

[heritage35]

I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?

As a matter of fact, it is not safe. Diversification is very important when it comes to investment, because you never can tell  which will yield the desired result. Even if they will all be productive or successful, the level of success cannot be the same.

[grifinmch]

investing in one or two cryptos might be good enough for the long term. but when this to trade would be a hard thing when crypto crashed the price. the results obtained could certainly large enough capital because of the focus to one or two cryptos only. the risk is obvious when the loss will be felt once the falling value but for the long term, it is likely it could be covered.

[fvb]

Keep assets better in a few coins.  This increases the odds.  To increase the assets of your portfolio, in my opinion the best option.

[amaterazu]

If you keep the money in a single crypto, sure to monitor it very easily. But you only get a slight advantage. You should invest in some Altcoin with big volume. That way your benefit will be greater too.

[sourish]

In the present market scenario, i think this is one answer everyone is still working on, changing with time and situation.

[JCviggen]

When investing in one coin you increase the risk of losing your investment because when you invest in different coins some will rise, some will fall but you will end up making a profit with some coins.

[mirawantirinjana]

investing in crypto currencies is very risky. nothing guarantees that your investment is safe. especially if you invest only in 1 type of crypto currency it will be very risky